Feb 11, 2013 4:00am EST
area in arkansas to we'll with the walmart dealers and suppliers. we'll see. >>> president obama is giving his first state of the union address tuesday night. oh, this is annual, isn't it? he's expected to push his economic agenda. the president will outline spending initiatives for education, manufacturing and infrastructure. he'll head out on a three-day road trip to sell hesitate plan to the public of north carolina, georgia, and illinois. you can speshth him to come out with the democrats' plan to stave off the crisis. also a different name that's potentially going to hit. >>> and a senate panel is expected to drill jack lew about a bonus he received right before the bank got a taxpayer bailout. despite all the criticism, lew is still expected to be confirmed. >>> and the spanish pound, why one person at least believes it's time to sell sterling. >> and the u.s. dollar is set to win the war to be the weakest currency. as cnbc.com, read why it's expected to be weak for at least seven years. >> whab not the dollar against the pound. >> and take a minute to look through the slid
Feb 11, 2013 6:00am EST
we preview president obama's state of the union. i'm lorenzo. i work for 47 different companies. well, technically i work for one. that company, the united states postal service®, works for thousands of home businesses. because at usps.com®, you can pay, print and have your packages picked up for free. i can even drop off free boxes. i wear a lot of hats. well, technically i wear one. the u.s. postal service®, no business too small.
Feb 7, 2013 6:00am EST
, a week from now, president obama is going to do his state of the union address, okay? typically the market doesn't respond well when the president talks. then we're going to start to get into some of the nitty-gritty, some of the spending issues. that would be a perfect opportunity for the market to give half of that back. so we've had a 6% rally. why not, you know, reclaim three of that percent over the course of the next few weeks. >> do you feel like we're acting a bit bullish with regard to the markets? i get the feeling it's more buying from kaufton as opposed to selling at this point, right? >> i think that's right. first of all, you've approached a couple of psychological hurdles on the dow and the s&p. we've seen what earnings season is going to give us. we're approaching the sequester cuts on march 1st and there is an increasing belief that they're going to be triggered. and so when you add on to that the fact that payroll taxes went up and the economy is going to be pretty sluggish here in the first half of the year. so i agree with phil that we're probably going to gi